Physician practice costs have steadily climbed throughout 2024 and show no signs of slowing as the new year approaches.
ASC Transactions & Valuation Issues
From layoffs to leadership appointments, here are nine updates from CVS Health in the last 60 days:
The physician staffing industry is facing significant turmoil, with three major firms either shutting down or filing for bankruptcy in the past two years.
Dallas-based Tenet Healthcare is reshaping its business model to focus on its ASC arm United Surgical Partners International.
Meadville (Pa.) Medical Center plans to acquire five physician practices from Dallas-based, financially troubled Steward Health Care, the hospital said in a Nov. 27 news release.
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Franklin, Tenn.-based Community Health Systems' planned sale of Commonwealth Health to WoodBridge Healthcare has been terminated.
Walgreens is facing significant challenges in its primary care strategy.
The ASC industry experienced a wave of megamergers between 2015 and 2018 that fundamentally shifted the competitive landscape. Although the pace of large-scale consolidation has slowed, significant deals and investments continue to shape the industry's trajectory.
Oakland, Calif.-based Kaiser Permanente is a major employer of physicians that continues to make significant plays in the ASC space.
Sioux Falls, S.D.-based Sanford Health's is set to acquire physician-owned Black Hills Surgical Hospital and Black Hills Orthopedic and Spine Center — a move poised to reshape the region's healthcare landscape, Sioux Falls Live reported Nov. 14.